EU Sources - Labour costs documented - February 28, 2018

In a first Review of 2018, DG Employment assesses the socio-economic development with detailed charts on employment, labour market participation and labour costs. The review highlights the economic growth in the EU combined with a positive economic outlook and with general improvements in the labour market. Chapter 5 (on income) signals that financial distress for low-income (lowest quartile) households appears to have continued to ease since 2015, but remains high when considering a longer period. In Chapter 6 (on labour costs and productivity), it is revealed that nominal compensation per employee (as measured in national currency) continued to grow at a moderate rate in most EU Member States. Bulgaria, Lithuania and Romania recorded the highest growth (8 % or more), while it was negative in Croatia and Finland.

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